House Of Lords Streaming Inquiry

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Esports is slowly starting to be recognised by the mainstream media, all the way to the houses of parliament. Although, in previous years gaming hasn’t always had the best press, recently lights have been shone on gaming which has given people a more popular opinion about the entire concept of gaming. It was recently announced that the House of Lords would be launching an inquiry into the UK Broadcast Regulations in the light of growing streaming services like Twitch.

Above: Parliament (London)
Image Source: BBC

What does this mean exactly, well it is a good thing we feel as it will allow the government to grasp a better understanding of the world, we live in. As well as them maybe investing some time and resources into growing trends like Esports. Although, for right now more budgets have been given to help fund the Esports market, it is still lack lustier to many other markets. The global Esports revenue is expected to surpass $1billion. For the government to keep a shut eye on this market would be questionable. That is why we are suddenly seeing interest turn towards the streaming and gaming industry.
The committee was set to hear from 3 different professors with expertise in various fields:
⦁ Professor Patrick Barwise, Emeritus Professor of Management and Marketing, London Business School
⦁ Professor Petros Iosifidis, Professor of Media Policy, City, University of London
⦁ Professor Jeanette Steemers, Professor of Culture, Media and Creative Industries, King’s College London

Now that streaming services are so popular, it deems just normal broadcast on television somewhat useless, the investigation is set to discover whether the services like Twitch could be harmful towards the broadcasting services.

As we continue to grow, and technology continues to develop we reach point were previous services will need to keep up too. That is why a lot of our current media has developed to a point where we are able to sit and watch people play video games. Here’s to hoping the government will put more funds into the video game and esports industry allowing it to become just as normalised here as it is in other places like China.